Zomato, Swiggy among top 10 global food delivery companies: Report
2 years, 3 months ago

Zomato, Swiggy among top 10 global food delivery companies: Report

Hindustan Times  

Swiggy and Zomato, the Indian food delivery apps have been ranked among the world's biggest e-commerce food-delivery companies as per a report by Canada-based global research firm ETC Group. Swiggy and Zomato are among the top ten global food delivery companies. The ETC report however expressed concerns over the food delivery sector's ‘inhumane and possibly untenable labour practices’ through the promise of advanced automation. The New York City became the first to pass legislation to regulate the food delivery sector, establishing minimum pay and other worker protections.

Delivery Work Report Zomato Swiggy Global Food  swiggy  ranked  zomato  global  food  companies  work  statedthe  states  report  delivery  united

History of this topic

Zomato upends tradition with Sensex entry
2 days, 16 hours ago

Zomato upends tradition with Sensex entry

Live Mint  

Zomato will make history on Monday as the first new-age tech stock to be included in the prestigious BSE Sensex, replacing JSW Steel in a half-yearly rebalancing of constituents. While the rejig is routine, the food delivery giant's inclusion in the club of India's most influential companies underscores the growing prominence of the digital sector. While Sensex companies drive India's …

How Zomato, Swiggy, Zepto are achieving disruptive 10-min food deliveries
4 days, 10 hours ago

How Zomato, Swiggy, Zepto are achieving disruptive 10-min food deliveries

Hindustan Times  

Food delivery apps in India are promising to bring biryani to hot beverages at customers’ doorsteps in under 10 minutes, as competition for impatient consumers intensifies among digital platforms. Bolt accounts for 5% of Swiggy’s total food delivery orders within two months of its launch, Sidharth Bhakoo, chief business officer of food marketplace at Swiggy said in an email. “When …

Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position
Trending News
1 week, 1 day ago

Swiggy share price poised for 20% upside? Axis Capital initiates coverage on stock, highlights competitive position

Live Mint  

Stock Market Today: Shares of Swiggy climbed over 6 per cent on Monday, December 16 after the brokerage house Axis Capital initiated coverage on the new-age stock with a ‘Buy’ rating and a target price of ₹640, citing a 27 per cent valuation discount to peer Zomato as justified. Analysts at Axis Capital view Swiggy as a compelling investment opportunity, …

Swiggy and Zomato shares hit all-time high today. Can they deliver more returns?
2 weeks, 5 days ago

Swiggy and Zomato shares hit all-time high today. Can they deliver more returns?

India Today  

Shares of online food delivery giants Swiggy and Zomato extended their rally on Thursday, driven by strong buying interest among investors. The rally follows Swiggy’s robust Q2 results, which showcased strong revenue growth and promising developments in its quick commerce and food delivery segments. However, Swiggy faced challenges in market share as its gross order value growth in food delivery …

Can Swiggy’s Instamart spice it up in quick commerce?
2 weeks, 6 days ago

Can Swiggy’s Instamart spice it up in quick commerce?

Live Mint  

For the September quarter, both companies saw about 5% and 24% growth in their respective gross order values of the food delivery and quick-commerce businesses. In Q2FY25, Swiggy’s GOV was ₹10,600 crore against ₹15,800 crore of Zomato in both the main businesses, i.e., food delivery and quick commerce together. Its adjusted Ebitda in Q2FY25 in the two businesses was ₹333 …

Betting on Swiggy and Zomato: Can India’s food delivery titans deliver?
1 month ago

Betting on Swiggy and Zomato: Can India’s food delivery titans deliver?

Live Mint  

The Indian food delivery market has become a fierce battleground, with Swiggy and Zomato not only competing for your dinner orders but also commanding attention in boardrooms and on trading floors. Zomato’s recent analyst reports echo this optimism, indicating that while the market remains consolidated, both players have significant room to grow as more Indians adopt food delivery services. View …

Zomato CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’
1 month ago

Zomato CEO Deepinder Goyal’s advice to Swiggy: ‘Competent people can’t recognise they are complacent, don’t…’

Live Mint  

Swiggy, a direct competitor to Zomato and one of India's leading food delivery aggregators made its highly anticipated stock market debut on November 13. Interestingly, just weeks before Swiggy's IPO, Zomato CEO Deepinder Goyal had some advice for Swiggy's employees, reflecting on his company's own experience of going public in 2021, the Times of India reported. Speaking at the ET …

Zomato eyes 30 per cent annual growth in food delivery business in next 5 years: Report
1 month ago

Zomato eyes 30 per cent annual growth in food delivery business in next 5 years: Report

India TV News  

Zomato, an Indian food delivery major reportedly expects its key meal delivery business to grow at an annual rate of 30 per cent over the next 5 years, a top executive stated, hailing the listing of SoftBank-backed peer Swiggy as a boost for the sector. It was on Monday when Rakesh Ranjan, Zomato's food delivery CEO said, "The food delivery …

Swiggy vs Zomato: Which food delivery stock should you buy for long-term? Here’s a 5-point analysis
1 month, 1 week ago

Swiggy vs Zomato: Which food delivery stock should you buy for long-term? Here’s a 5-point analysis

Live Mint  

Swiggy vs Zomato: After a decent initial public offering, Softbank-backed food delivery giant Swiggy delivered a powerful stock market debut, beating analysts' estimates. Zomato has established itself as the leading player in India's food delivery industry, capturing a market share of 56 per cent-57 per cent in online food orders in FY24. Here are the five key indicators to compare …

Swiggy invites delivery partners to ring the listing bell: ‘Sharing gratitude’
1 month, 1 week ago

Swiggy invites delivery partners to ring the listing bell: ‘Sharing gratitude’

Hindustan Times  

Food delivery giant Swiggy, which was listed on the exchanges on November 13, had two of its delivery partners join its leadership team, including co-founders Sriharsha Majety and Nandan Reddy, to ring the ceremonial bell at the National Stock Exchange. Khan, a Bengaluru native, joined Swiggy seven years ago, fresh out of college while he was facing a difficult personal …

Swiggy IPO allotment status released: What GMP indicates ahead of listing date
1 month, 1 week ago

Swiggy IPO allotment status released: What GMP indicates ahead of listing date

Hindustan Times  

Shares of food delivery giant Swiggy will be listed on the exchanges on Wednesday, November 13, after its high-profile IPO launch last week. The Swiggy Limited's logo is seen at a press conference during which its Initial Public Offering was announced in Mumbai, India, October 30, 2024 According to the report, its grey market premium is just ₹1, which is …

Zomato launches new feature to tackle food waste due to cancelled orders
Trending News
1 month, 1 week ago

Zomato launches new feature to tackle food waste due to cancelled orders

Hindustan Times  

Food delivery firm Zomato on Sunday launched a new “food rescue” feature to tackle with food waste arising out of cancelled orders. Now, customers living near restaurants will be able to purchase cancelled food orders at “unbeatable prices”, announced the company's CEO Deepinder Goyal. The CEO said that customers cancel more than 4 lakh “perfectly good orders” on a daily …

How much do Zomato, Swiggy, other food apps charge for delivery in India? Know top 5 here
1 month, 2 weeks ago

How much do Zomato, Swiggy, other food apps charge for delivery in India? Know top 5 here

Live Mint  

With the advent of food delivery applications, ordering online food at doorstep has become the norm of the day. Also, food delivery apps sometimes don't charge a penny, as the amount one pay for the food exceeds a minimum order scale. McDonald’s charge 134 per cent more for food costing around $10 in person, while Chick-fil-A's chicken sandwich costs $9.85 …

CCI says Zomato, Swiggy in breach of antitrust laws in India: Report
1 month, 2 weeks ago

CCI says Zomato, Swiggy in breach of antitrust laws in India: Report

Hindustan Times  

The Competition Commission of India said in its non-public documents that food delivery giants Swiggy and Zomato are in breach of the antitrust and competition laws of India, with their business practices favouring select restaurants listed on their platforms, reported Reuters. Swiggy and Zomato are the leading food delivery companies in India The antitrust body's documents say that Zomato entered …

India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
1 month, 2 weeks ago

India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show

Live Mint  

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show. Exclusivity arrangements between Swiggy, Zomato and their respective restaurant partners "prevent the market from becoming more competitive," the CCI's investigation arm noted in its findings reviewed by Reuters on Friday. …

Exclusivity contracts & price restrictions: Here's how Zomato, Swiggy hindered competition in India
1 month, 2 weeks ago

Exclusivity contracts & price restrictions: Here's how Zomato, Swiggy hindered competition in India

Firstpost  

The Competition Commission of India found food delivery giants Zomato and Swiggy breached competition laws by favouring select restaurants through exclusive contracts and pricing restrictions. The delivery giants are faced with potential penalties pending a final leadership review Food delivery giants Swiggy and Zomato were found breaching antitrust laws in India. File image India’s Competition Commission of India has found …

CCI probe finds Zomato, Swiggy breached antitrust laws, documents show
1 month, 2 weeks ago

CCI probe finds Zomato, Swiggy breached antitrust laws, documents show

The Hindu  

An investigation by the Competition Commission of India found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show. Zomato entered into “exclusivity contracts” with partners in return for lower commissions, while Swiggy guaranteed business growth to certain players if they listed exclusively on its platform, according …

Zomato, Swiggy accused of unfair practices in food delivery market: Report
1 month, 2 weeks ago

Zomato, Swiggy accused of unfair practices in food delivery market: Report

India Today  

An investigation has revealed that leading food delivery platforms Zomato and Swiggy have violated competition laws in India, according to documents from the Competition Commission of India. In Swiggy's IPO documentation, the company acknowledges the CCI case as an "internal risk," noting that "any breach of the provisions of Competition Act, may attract substantial monetary penalties." FOUND GUILTY OF ‘REDUCING …

Swiggy Eyes $15 Billion Valuation For IPO, Aiming To Raise $1.2 Billion: Report
4 months ago

Swiggy Eyes $15 Billion Valuation For IPO, Aiming To Raise $1.2 Billion: Report

ABP News  

Swiggy IPO: Indian food delivery giant Swiggy, backed by SoftBank, is gearing up for a major initial public offering, targeting a valuation of approximately $15 billion, sources privy to the matter told news agency Reuters. Zomato, Swiggy's main competitor, has seen its shares more than double since going public in 2021, with a market valuation now reaching $28 billion. According …

Zomato stock price up 112% in 2024; should investors buy now?
4 months, 2 weeks ago

Zomato stock price up 112% in 2024; should investors buy now?

Live Mint  

Global brokerage firm Nomura has increased its target price for Zomato to ₹280 from ₹225 while maintaining a ‘buy’ recommendation. Q1 Earnings Zomato’s consolidated net profit for Q1FY25 skyrocketed to ₹253 crore, up from ₹2 crore a year ago, driven by increased gross order value across its food delivery, quick commerce, and going-out verticals. Investment Rationale Food Delivery Growth: Nomura …

Zomato Q1 Result: Food Delivery Platform's Net Profit Surges To Rs 253 Crore
4 months, 3 weeks ago

Zomato Q1 Result: Food Delivery Platform's Net Profit Surges To Rs 253 Crore

ABP News  

Zomato Q1 Result: Food delivery platform Zomato announced a beyond-expected rise in quarterly profit, driven by robust demand for its food and grocery delivery services. On Thursday, the company reported a consolidated net profit surged to Rs 253 crore for the April-June quarter of the fiscal year 2024-25, up from Rs 2 crore in the same period last year. The …

Zomato and Swiggy hike platform fees, food delivery to become costlier in select cities
5 months, 1 week ago

Zomato and Swiggy hike platform fees, food delivery to become costlier in select cities

Hindustan Times  

Food delivery giants Zomato and Swiggy have hiked their platform fees, which can lead to costlier food deliveries, the Economic Times wrote, adding that the fees have been hiked to ₹6 from ₹5, which is a 20% increase. Zomato and Swiggy hike platform fees for key markets like Delhi and Bengaluru, as the near food delivery services duopoly looks to …

Goyal’s Zomato Shares Surge: A Look at the Rise of a Food Tech Giant
5 months, 1 week ago

Goyal’s Zomato Shares Surge: A Look at the Rise of a Food Tech Giant

Deccan Chronicle  

In the ever-evolving world of technology and finance, few stories capture the imagination quite like that of Zomato, the food delivery giant that's not only transformed the way we eat but also how we invest. At the center of this narrative is Deepinder Goyal, the 41-year-old co-founder and CEO of Zomato, who recently made headlines for his staggering shareholding and …

Zomato aims for EV deliveries, plastic-free orders
11 months ago

Zomato aims for EV deliveries, plastic-free orders

Live Mint  

Zomato on Wednesday announced goals for 2030, to protect and ensure, "sustainable growth of the platform economy and all its stakeholders". The food aggregator's sustainability goals have been crafted around eight themes, such as ‘climate-conscious deliveries’, a ''waste-free world', ‘zero hunger’, ‘customer centricity’, ‘governance’, ‘inclusive growth’, ‘health, safety’, and ‘diversity and equity’. Anjalli Ravi Kumar, Chief Sustainability Officer, Zomato, said, …

Zomato soups in new controversy as it retracts from ₹1.6 cr salary job offer
1 year ago

Zomato soups in new controversy as it retracts from ₹1.6 cr salary job offer

Live Mint  

Online food delivery platform Zomato is once again facing the ire of the netizens as on the student of Indian Institute of Technology Delhi took to social to say how the online firm has gone back on its words regarding the placement. Hrithik Talwar, who is a research intern in IIT-Delhi wote on X “Zomato came to the campus, offered …

Zomato rolls out food trends platform for restaurant partners
1 year, 5 months ago

Zomato rolls out food trends platform for restaurant partners

Live Mint  

New Delhi: Food delivery platform Zomato on Friday announced the rollout of ‘Zomato Food Trends’ a data platform that will now be publicly available to restaurant partners. Zomato Food Trends, an open platform accessible to all free of charge, will provide insights by analyzing data from millions of transactions across hundreds of cities in India. The rollout comes after restaurants …

Why Zomato will not be affected by popularity of food delivery app ONDC?
1 year, 7 months ago

Why Zomato will not be affected by popularity of food delivery app ONDC?

Live Mint  

There is a lot of noise related to the recent entrant the Open Network for Digital Commerce application in the e-commerce industry. From price wars, and intensifying competitions to overtaking biggies like Zomato and Swiggy in the food delivery business, ONDC is seen as the new golden fish in the market. Although ONDC was founded on December 31, 2021, it …

Food delivery platform ONDC offers food cheaper than Swiggy, Zomato
1 year, 7 months ago

Food delivery platform ONDC offers food cheaper than Swiggy, Zomato

Live Mint  

With food delivery tech platforms Zomato and Swiggy competing with each other, a new platform, built by the Indian government, is emerging to be a tough competitor. Open Network for Digital Commerce allows the restaurants sell food directly to consumers, without the need of a third party. Though the food delivery tech platform has been around since September 2022, it …

Zomato exits 225 cities, reports losses of Rs 346 crore: All details here
1 year, 10 months ago

Zomato exits 225 cities, reports losses of Rs 346 crore: All details here

India Today  

Zomato, during its quarter three financial earnings report, noted that the food delivery tech company's losses have widened further. The company's decision to pull out of 225 small cities comes at a time when it is planning to hire people for around 800 roles. Zomato will no longer be available in 225 small cities The company, in its financial earnings …

Food delivery firms see revenue bouncing back
1 year, 11 months ago

Food delivery firms see revenue bouncing back

Deccan Chronicle  

Chennai: Food delivery businesses bounced back in financial year 2021-22 in terms of revenues. After a decline of 24 per cent in FY21, Zomato’s gross revenue grew over two times to ₹4,192 crore during the fiscal year ending March 2022. Swiggy, whose business also dipped 27 per cent in financial year 2020-21, managed to grow 2.2 times to ₹5,705 crore …

Zomato reveals top trends of 2022; customer orders food worth ₹28 lakh
1 year, 11 months ago

Zomato reveals top trends of 2022; customer orders food worth ₹28 lakh

Live Mint  

The year of 2022 is about to end. The food-delivery service’s annual report suggested that a customer from Delhi placed more than 3000 food orders in 2022 which were almost nine orders per day. Interestingly, the company has also revealed that a man from Pune ordered food worth ₹28 lakh. Zomato revealed that a loyal customer from Pune has spent …

After Zomato, Swiggy Likely to Lay Off 250 Employees This Month
2 years ago

After Zomato, Swiggy Likely to Lay Off 250 Employees This Month

News 18  

After Zomato, Swiggy may lay off more than 250 employees or up to 5 per cent of its workforce starting this month. Last month, global brokerage firm Jefferies said that Swiggy was fast losing market share to its rival Zomato despite offering heavy discounts. Citing Swiggy investor Prosus’ financial report, Jefferies said that the gross value of Swiggy’s food delivery …

Zomato rolls out phone number to report rash driving by its delivery partners
2 years, 1 month ago

Zomato rolls out phone number to report rash driving by its delivery partners

Live Mint  

Deepinder Goyal, founder of online food delivery platform Zomato said on Wednesday that Zomato has started rolling out delivery bags with "hotline phone number" to report rash driving by its delivery partners. In August at the company's annual general meeting, Deepinder Goyal had said that Zomato would put a phone number on the bags of its delivery partners for people …

Zomato, Swiggy and the murky reality of cloud kitchens
2 years, 2 months ago

Zomato, Swiggy and the murky reality of cloud kitchens

Live Mint  

It’s a tad difficult to take online food aggregator Zomato’s assertion that it plans to crack down on cloud kitchens operating multiple brands from the same kitchen and under the same licence from the Food Safety and Standards Authority of India and blacklist those not offering “acceptable" quality of standards and service. In reality, these “restaurants" were cloud kitchens which …

Zomato to focus on Hyperpure, expects it to be larger than food business
2 years, 3 months ago

Zomato to focus on Hyperpure, expects it to be larger than food business

Live Mint  

Online food delivery firm Zomato has decided to narrow its focus on three key areas of food ordering and delivery; supplies to restaurants through 'Hyperpure' and quick commerce, Kaushik Dutta, chairman of the company's board of directors, told shareholders on Tuesday. Subsequently, he said Zomato would narrow its focus to three crucial areas – food ordering and delivery; Hyperpure and …

Zomato edges past Swiggy in India’s food delivery market, finds report
2 years, 4 months ago

Zomato edges past Swiggy in India’s food delivery market, finds report

Firstpost  

Zomato’s acquisition of Blinkit has helped it close the gap with Swiggy and race ahead of it in terms of market share Food delivery platform Zomato is edging ahead of its competitor Swiggy, as per a report by brokerage firm Bernstein India. However, that has started to change with Zomato expanding share to around 55 per cent in food delivery,” …

Why are brands like Domino’s parting ways with delivery apps?
2 years, 5 months ago

Why are brands like Domino’s parting ways with delivery apps?

Live Mint  

Domino's Pizza India franchise will consider taking some of its business away from popular food delivery apps, Zomato and SoftBank-backed Swiggy, if their commissions rise further. Jubilant is India's largest food services company, with more than 1,600 branded restaurant outlets, including 1,567 Domino's and 28 Dunkin outlets. After the CCI sought responses from Domino's India franchise and several other restaurants …

Zomato vs Swiggy vs Ola: Race hots up for 10-minute delivery
2 years, 8 months ago

Zomato vs Swiggy vs Ola: Race hots up for 10-minute delivery

India Today  

The Indian quick-commerce sector may witness a multi-cornered contest for 10-minute delivery or faster food delivery among Zomato, Swiggy, and Ola. After receiving criticism, Zomato in a statement said the 10-minute delivery would be for specific nearby locations, popular and standardised menu items only. Zomato Instant food items can be dispatched within 2 minutes, the online food delivery platform stated. …

Swiggy, Zomato face outage across India: Here's what happened
2 years, 8 months ago

Swiggy, Zomato face outage across India: Here's what happened

India TV News  

As per the current search, we have witnessed that Zomato and Swiggy, two prominent food delivery apps have been running down for users across the country. But since the apps were down, social media already got flooded with a number of complaints from the users who were unable to place orders and could not browse the menus. Image Source : …

CCI Orders Probe Against Zomato And Swiggy On Restaurants Association's Complaint Of Anti-Competitive Practices
2 years, 8 months ago

CCI Orders Probe Against Zomato And Swiggy On Restaurants Association's Complaint Of Anti-Competitive Practices

Live Law  

The Competition Commission of India, on Monday, directed the Director General to investigate and determine whether the conduct of Zomato and Swiggy are anti-competitive in terms of Section 3 read with Section 3 of the Competition Act, 2002. NRAI, which represent the interest of more than 500000 restaurants in the country, filed a complaint under Section 19 of the Act …

Zomato, Swiggy Under CCI Lens for Alleged Unfair Business. Know Details
2 years, 8 months ago

Zomato, Swiggy Under CCI Lens for Alleged Unfair Business. Know Details

News 18  

The Competition Commission of India has ordered an investigation into alleged unfair business practices of food delivery platforms Zomato and Swiggy. A day after the CCI order, Zomato on Tuesday said in a regulatory filing that it will explain to the competition watchdog that it is in compliance with relevant laws and said it intends to “promptly comply with any …

Zomato, Swiggy to face CCI probe
2 years, 8 months ago

Zomato, Swiggy to face CCI probe

Live Mint  

India's antitrust body has ordered investigation into the conduct of online food delivery platforms Zomato and Swiggy, according to an order dated 4 April. "The Commission is of the view that there exists a prima facie case with respect to some of the conduct of Zomato and Swiggy, which requires an investigation by the Director General, to determine whether the …

Zomato to Swiggy: In Internet’s Winner Takes All Model, We End up as Losers
2 years, 8 months ago

Zomato to Swiggy: In Internet’s Winner Takes All Model, We End up as Losers

News 18  

The internet model of a single winner that controls everything from supply chains to payment systems is creating fragile, monopolistic ecosystems that can potentially harm society. Investors in delivery firms also follow the WTA model that has resulted in consolidation – only one strong player will stand, not multiple players. The Zomato-Blinkit Case Study Even the latest acquisition of Blinkit …

Zomato vs Swiggy: How Blinkit merger deal adds a new chapter in growing rivalry
2 years, 9 months ago

Zomato vs Swiggy: How Blinkit merger deal adds a new chapter in growing rivalry

India Today  

A new chapter has been added to the growing corporate rivalry between online food-delivery platforms Zomato and Swiggy. ZOMATO-BLINKIT DEAL Zomato said in a statement that it would loan as much as $150 million to Blinkit for the start-up's near-term capital needs. Earlier this year, Zomato said it would invest as much as $400 million in the Indian quick commerce …

Your Zomato and Swiggy food orders may get costlier from January 1, here is why
2 years, 11 months ago

Your Zomato and Swiggy food orders may get costlier from January 1, here is why

India Today  

If your favourite pastime is ordering food from Zomato and Swiggy, it may soon get costlier. From January, all food delivery apps will be liable to pay a 5 per cent goods and services tax, otherwise known as GST, on their restaurant services, per government orders. Finance Minister Nirmala Sitharaman, at the 45th meeting of the GST Council held in …

Swiggy, Zomato to collect 5% GST from customers starting 1 Jan, 2021; here's how much you will have to pay
3 years, 3 months ago

Swiggy, Zomato to collect 5% GST from customers starting 1 Jan, 2021; here's how much you will have to pay

Firstpost  

Nirmala Sitharaman made the announcement after the GST Council meeting, which has made the decision for ease in tax administration. Food delivery apps like Swiggy and Zomato will collect five percent Goods and Services Tax from consumers instead of the restaurant they pick up orders from, starting 1 January 2022. Sitharaman said that the customer would be “the point on …

Zomato, Swiggy Food Delivery to Come Under GST. Will you Have to Pay Extra? Know Here
3 years, 3 months ago

Zomato, Swiggy Food Delivery to Come Under GST. Will you Have to Pay Extra? Know Here

News 18  

Finance minister Nirmala Sitharaman on Friday said that Goods and Service Tax Council has been discussing the proposal of bringing e-commerce operators under GST ambit for providing certain service. “E-commerce operators Swiggy and Zomato to pay GST on restaurant service supplied through them, and tax to be charged at point of delivery,” finance minister Nirmala Sitharaman said while addressing the …

Zomato to Shut its Grocery Delivery Service this Week, Says 'Current Model is not Best'
3 years, 3 months ago

Zomato to Shut its Grocery Delivery Service this Week, Says 'Current Model is not Best'

News 18  

Zomato, the food delivery giant and restaurant aggregation platform, recently announced that it has stopped its grocery delivery services. Hence, we intend to stop our pilot grocery delivery service effective 17 September, 2021,” the email read, according to PTI. Zomato said that its investment in grocery start-up, Grofers, would generate better results than the efforts in its in-house grocery delivery …

Zomato to stop grocery delivery service from September 17
3 years, 3 months ago

Zomato to stop grocery delivery service from September 17

The Hindu  

Online food delivery platform Zomato has decided to stop its grocery delivery service from September 17 mainly on account of gaps in order fulfillment, leading to poor customer experience. Hence, we intend to stop our pilot grocery delivery service effective 17 September, 2021". Earlier Zoamto had said that it had invested USD 100 million for acquiring a minority stake in …

Discover Related